Singapore Shares Surge as Retail Sales Increase; YZJ Shipbldg Rises 2.3%

MT Newswires12-05

Singapore's stock market surged on Thursday, as the city state's retail sales registered year-over-year growth in October.

The STI.SI, a key benchmark for the Singapore Exchange, ranged between 3,810.11 and 3,842.71 throughout the day. It ended the session at 3,822.68, up 22.74 points or 0.6% compared to Wednesday's close.

In economic news, Singapore's retail sales increased 2.2% in October on a year-on-year basis, extending the 1.9% growth in the preceding month, according to data released by the Department of Statistics.

In company news, shares of OKH Global surged over 44% as the company entered into a conditional sale and purchase agreement to acquire the entire share capital of Acrophyte unit, Chip Eng Seng Construction, for around SG$118.5 million.

KepPacOakReitUSD was up over 2% after the REIT obtained $50 million term loan facilities under a facility agreement.

Meanwhile, shares of Ellipsiz were down over 1% at the close after the company revealed that it will complete the disposal of its 51% stake in Axis-Tec to Yanmade Electronic for SG$2.9 million on Dec. 6 instead of Dec. 5.

STI rose 0.6%, YZJ Shipbldg rose 2.3%, UOB rose 1.4%, DBS rose 1%; Nio fell 1.7%, SingPost fell 0.8%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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setia100
12-05
setia100
So fast ❗😂❓❓Is retail sales included stock tradings❓

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It ended the session at 3,822.68, up 22.74 points or 0.6% compared to Wednesday&#39;s close.</p><p>In economic news, Singapore&#39;s retail sales increased 2.2% in October on a year-on-year basis, extending the 1.9% growth in the preceding month, according to data released by the Department of Statistics.</p><p>In company news, shares of  <a href=\"https://laohu8.com/S/S3N.SI\">OKH Global</a>  surged over 44% as the company entered into a conditional sale and purchase agreement to acquire the entire share capital of Acrophyte unit, Chip Eng Seng Construction, for around SG$118.5 million.</p><p> <a href=\"https://laohu8.com/S/CMOU.SI\">KepPacOakReitUSD</a>  was up over 2% after the REIT obtained $50 million term loan facilities under a facility agreement.</p><p>Meanwhile, shares of  <a href=\"https://laohu8.com/S/BIX.SI\">Ellipsiz</a>  were down over 1% at the close after the company revealed that it will complete the disposal of its 51% stake in Axis-Tec to Yanmade Electronic for SG$2.9 million on Dec. 6 instead of Dec. 5.</p><p>STI rose 0.6%, YZJ Shipbldg rose 2.3%, UOB rose 1.4%, DBS rose 1%; Nio fell 1.7%, SingPost fell 0.8%. </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fb28c30e0f0e55bcb37ab72f38afdd43\" tg-width=\"377\" tg-height=\"782\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Surge as Retail Sales Increase; YZJ Shipbldg Rises 2.3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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It ended the session at 3,822.68, up 22.74 points or 0.6% compared to Wednesday&#39;s close.</p><p>In economic news, Singapore&#39;s retail sales increased 2.2% in October on a year-on-year basis, extending the 1.9% growth in the preceding month, according to data released by the Department of Statistics.</p><p>In company news, shares of  <a href=\"https://laohu8.com/S/S3N.SI\">OKH Global</a>  surged over 44% as the company entered into a conditional sale and purchase agreement to acquire the entire share capital of Acrophyte unit, Chip Eng Seng Construction, for around SG$118.5 million.</p><p> <a href=\"https://laohu8.com/S/CMOU.SI\">KepPacOakReitUSD</a>  was up over 2% after the REIT obtained $50 million term loan facilities under a facility agreement.</p><p>Meanwhile, shares of  <a href=\"https://laohu8.com/S/BIX.SI\">Ellipsiz</a>  were down over 1% at the close after the company revealed that it will complete the disposal of its 51% stake in Axis-Tec to Yanmade Electronic for SG$2.9 million on Dec. 6 instead of Dec. 5.</p><p>STI rose 0.6%, YZJ Shipbldg rose 2.3%, UOB rose 1.4%, DBS rose 1%; Nio fell 1.7%, SingPost fell 0.8%. </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fb28c30e0f0e55bcb37ab72f38afdd43\" tg-width=\"377\" tg-height=\"782\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","STI.SI":"富时新加坡海峡指数","BIX.SI":"奕力","Z74.SI":"新电信","BS6.SI":"扬子江船业","O39.SI":"华侨银行","S3N.SI":"傲凯国际","NIO.SI":"蔚来","U11.SI":"大华银行","U96.SI":"胜科工业","AJBU.SI":"吉宝数据中心房地产信托","S68.SI":"新加坡交易所","5E2.SI":"海庭","CMOU.SI":"吉宝-KBS美国房地产信托","Z59.SI":"祐玛战略","G13.SI":"云顶新加坡","C6L.SI":"新加坡航空公司","VC2.SI":"Olam Group"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2489843882","content_text":"Singapore's stock market surged on Thursday, as the city state's retail sales registered year-over-year growth in October.The  STI.SI, a key benchmark for the Singapore Exchange, ranged between 3,810.11 and 3,842.71 throughout the day. It ended the session at 3,822.68, up 22.74 points or 0.6% compared to Wednesday's close.In economic news, Singapore's retail sales increased 2.2% in October on a year-on-year basis, extending the 1.9% growth in the preceding month, according to data released by the Department of Statistics.In company news, shares of  OKH Global  surged over 44% as the company entered into a conditional sale and purchase agreement to acquire the entire share capital of Acrophyte unit, Chip Eng Seng Construction, for around SG$118.5 million. 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